SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 812,694 shares of the company’s stock after selling 24,222 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.9% of Modern Wealth Management LLC’s holdings, making the stock its 28th biggest holding. Modern Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $44,966,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 13.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 176,237 shares of the company’s stock worth $9,751,000 after buying an additional 21,383 shares during the last quarter. ERn Financial LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 11.2% during the third quarter. ERn Financial LLC now owns 644,527 shares of the company’s stock worth $35,662,000 after buying an additional 64,828 shares during the period. Destiny Capital Corp CO grew its holdings in SPDR Portfolio S&P 500 Value ETF by 7.4% in the 3rd quarter. Destiny Capital Corp CO now owns 357,542 shares of the company’s stock worth $19,783,000 after buying an additional 24,508 shares in the last quarter. AE Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 19.5% in the 3rd quarter. AE Wealth Management LLC now owns 3,117,992 shares of the company’s stock worth $172,519,000 after buying an additional 509,151 shares in the last quarter. Finally, Capital Advisory Group Advisory Services LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 10.2% in the 3rd quarter. Capital Advisory Group Advisory Services LLC now owns 146,694 shares of the company’s stock valued at $8,117,000 after acquiring an additional 13,540 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $57.91 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $59.75. The business’s fifty day moving average price is $58.42 and its two-hundred day moving average price is $56.61. The company has a market capitalization of $32.27 billion, a P/E ratio of 20.50 and a beta of 0.89.

SPDR Portfolio S&P 500 Value ETF Company Profile

SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.